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Oil Price Shock - What are the consequences of the low price? | Made in Germany

2015-01-28 1 Dailymotion

For consumers it's a blessing, but oil-dependent countries and oil producers are watching in horror as the oil price drops. The price has long since fallen below the level where countries can make a profit on sales. We'll talk about the consequences for these countries and the global economy with Claudia Kemfert, energy expert at the German Institute for Economic Research (DIW Berlin).<br />For more from Made in Germany go to http://www.dw.de/program/made-in-germany/s-3066-9798

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